OUR INTEGRATED REPORTING APPROACH
TIGER BRANDS’ 2022 REPORTING SUITE
Our 2022 integrated reporting suite, includes the following:
Integrated annual report (IR) 2022
Provides a succinct review of our
strategy and business model,
operating context, operational
performance and governance;
aimed primarily at investors, it is
written for all stakeholders who
have an interest in Tiger Brands’
long-term performance.
Sustainability report (SR) 2022
Reviews our performance in
managing significant ESG
impacts and addressing
sustainability issues of interest to
a broad range of stakeholders.
Annual financial statements (AFS) 2022
Comprehensive review of our
financial results, with audited
financial statements, prepared
in accordance with IFRS.
These are all available at:
Double materiality
We adopt a “double materiality” perspective across our reporting suite: our AFS and IR focus on issues that are seen to be financially material, while our SR focuses on our material impacts on people, society and the environment. In assessing those issues that materially impact value creation we have looked beyond the conventional financial reporting boundary to provide for the relevant interests of key stakeholders. We have also considered the most significant risks, opportunities and impacts associated with our activities over the short term (less than 12 months), medium term (one to three years) and long term (beyond three years).
Reporting frameworks
Our reporting process is guided by the principles and requirements contained in the International Financial Reporting Standards (IFRS) including the Exposure Drafts released by the International Sustainability Standards Board (ISSB), the International <IR> Framework, the King Code on Corporate Governance 2016 (King IVTM*), the JSE Listings Requirements and Sustainability Disclosure Guidance, the South African Companies Act, No 71 of 2008, the GRI Sustainability Reporting Standards and the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
* Copyright and trademarks are owned by the Institute of Directors in South Africa NPC and all of its rights are reserved.
Forward-looking statements
Our reports, including this one, contain forward-looking statements that, unless otherwise indicated, reflect the company’s expectations at the time of finalising the report. Actual results may differ materially from these expectations if known and unknown risks or uncertainties affect the business, or if estimates or assumptions prove inaccurate. Tiger Brands cannot guarantee that any forward-looking statement will materialise and, accordingly, readers are cautioned not to place undue reliance on these statements. The company assumes no obligation to update or revise any forward-looking statements, even if new information becomes available as a result of future events or for any other reason, save as required by legislation or regulation.